THINK WE ARE LOOKING AT A 1 BAGGER IF DICKS IS GIVEN AN APOLOGY TOMORO....

http://www.saturninnovation.co.uk/clients/dsc/CMS/nmanagerpro/attachments/onlinebetting_morning_flash_150906.pdf


..........it should be noted that Sportingbet's shares rose 25% yesterday to 192p, implying an 83p/share value on World Gaming under the previous publicly announced possible bid conditions.................

R88AVE - You are right. The spread is 10%, which would discourage anyone taking a short position. The only way I can see to make money here is on the rumour / hope of SBT making an offer & the sp jumping accordingly. But with SBT's sp fluctuating so much, it might be difficult to reach a valuation.

sold out at 64p...done my research on this company and LNG is 10x better imho

maestro

maybe so for lng but who is in for the potential bid though? Fundementals may be brilliants but hey if SBT choses WGP, I am in!

Just looking at trade dealings last Friday and it appears 200k of share were bought at 64p were bought around the time when gaming stock started to drop like flys. Now why would they would they do that then!!
Do you think it could be quick buys from the directors while in talks of possible takeover?

We should see MR PETER SHALSON buying some more to add to his 6.84% holding. He is obviously buying based on the potential takeover, and when you see people like that buying, then its not so much a potential takeover, but one that is going to happen, so punters should follow his lead and tuck them away and wait for the bid to come through. I am sure it will happen in such a way as the originally mentioned 104p target is somewhere near the actuation of the deal I think.


As per the rule 8.3 on Friday he was buying as follows :

http://www.advfn.com/p.php?pid=nmona&article=16851340

CFD LONG 100,000 @ 49.75p
CFD LONG 50,000 @ 55p
CFD LONG 70,000 @ 61p

http://www.bettingmarket.com/shalson128511.htm

A few tick ups on L2, now 3 v 2 @57/61

PapalPower sorry to sound thick here, what do you mean in your last note?

L2, its the amount of MM's on the bid and offer. Simply the above means 3 MM's trying to buy your sells at 57p and 2 MM's trying to sell into your buys at 61p.

This would show strength, as more MM's are taking investor sells and than offering to fill buys, and would point to possible a rise.

It has risen, and L2 is now 2 v 2 @59/64

Another rule 8.3 released and yes, Peter Shalson is a buyer to 67p it looks like. Which means he might be buying again now :)

Very positive stuff.

http://www.advfn.com/p.php?pid=nmona&article=16870960


CFD LONG 10,000 @67p
CFD LONG 67,500 @65p

If there is alot of activity going on in the backgorund how come the trade and spread is slow and wide? Just wondering

From AFN - good news for the sector.


v0d00child - 18 Sep'06 - 23:19 - 1465 of 1465


Bloody amazing.. Peter Dicks [sportingbets] shopped by Louisiana casinos, Bwin executives held - instigated by the State Monopoly, Franise des Jeux which probably have shot themselves in the foot under EU rules.

Presidential canidate Frist trying to piggy back the defence conference with his anti-gambling bill... any self interest there? Not sure how gambling and defence relate?? Idot American!

Anyway, Bwin executives released tonight should spur the sector tomorrow, based on the release of Dicks the other week.. Frists bill smacks of desperate measures and Dicks court hearing end of the month could end up a fiasco!Interesting few weeks ahead!!

ok, I've over simplified here but you get the gist.. and US shouldn't concern us as Playwize are UK/European focused but a sector rise would hurt... ps.. big buyers in WGP and SPT, 888 declaring an nice little divident should also help!

Finally, PLW.. marketing just around the corner!!

Bit more if you're still interested;

As of late Monday, Bodner and Teufelberger had not been charged with wrongdoing, but their detention stemmed from a complaint filed by Franise des Jeux and Pari Mutuel Urbain, or PMU, the French monopoly operators of sports betting, lotteries and other forms of gambling.

"We think this is an effort to protect the French monopoly, and it is a disproportionate attempt," said Konrad Sveceny, a spokesman for Bwin, which recently changed its name from Bet and Win Interactive Entertainment.

The move has attracted the attention of the European Commission, which has been investigating the gambling monopolies of several European Union member states, following complaints that national policies discriminate against private-sector operators like Bwin.

Full story - http://www.iht.com/articles/2006/09/18/business/gamble.php

Yes, another rule 8.3 and Shalson buys more, he is certainly confident of the SBT takover.

Its a safe way to make money, he does not have to worry about selling his stake in the open market, so can just keep buying and wait for the final bid price. Makes having a large stake safer when a bid is coming in, as opposed to trying make money from buying and selling in the open market where MM's will drop the price when you try to offload

http://www.advfn.com/p.php?pid=nmona&article=16885894

CFD LONG 7,500 @61p
CFD LONG 25,000 @60p

From a post on AFN :




64bit - 19 Sep'06 - 14:10 - 3711 of 3711


out on afx..
BRUSSELS (AFX) - The European Commission will charge France on Oct 18 for
stifling competition in the sports gambling sector, an EU source said.

Backdoor Move to Ban Web Gambling Fizzles
19 September 2006
by Tony Batt

Las Vegas Gaming Wire

WASHINGTON -- Senate Majority Leader Bill Frist, R-Tenn., tried to attach an Internet gambling ban to a defense bill last week but was rebuffed by two powerful senators, congressional sources said Monday.

Despite the setback, advocates said GOP leaders will keep trying to add an online wagering prohibition to must-pass legislation until Congress adjourns this year.

Frist approached Sen. John Warner, R-Va., chairman of the Senate Armed Services Committee, and asked him to add an Internet gambling ban to a defense authorization bill, according to congressional staffers who requested anonymity.

But after checking with Sen. Carl Levin of Michigan, the ranking Democrat on the committee, Warner rejected the idea because an online wagering ban would not be relevant to defense legislation.

A source close to Frist confirmed the majority leader made the proposal to Warner, but declined to elaborate.

After hearing of Frist's proposal, Rep. Shelley Berkley, D-Nev., sent Warner a letter urging him to reject any amendment that would ban online betting.

"We must not use this important (defense) bill as a convenient vehicle for political pet issues such as a ban on Internet gaming," Berkley said.

Berkley opposed an Internet gambling ban that passed the House 317-93 in July.

Although the Department of Justice has said Internet gambling is illegal, the $12 billion industry continues to grow, with more than 2,300 Web sites.

Frist, who has been mentioned as a potential presidential candidate in 2008, criticized online wagering during an August visit to Iowa.

While in Iowa, Frist joined Rep. Jim Leach, R-Iowa, one of the two main sponsors of the ban that passed the House, in conducting an informal field hearing critical of Internet gambling.

On Sept. 5, the day Congress returned from its August recess, Frist made a speech on the Senate floor and listed an Internet gambling ban as one of his priorities as Congress rushes toward adjournment. Frist's second term expires this year, and he is not running for re-election.

Source: http://www.casinocitytimes.com/news/article.cfm?contentID=161151

Original proposed offer was SBT @244p = WGP@104p so the ratio is 0.426.

SBT price now 188p = WGP price of 188 * 0.426 = 80p.

We are too far below 80p :)

Strange thing is now happening do you think... all gaming sector are down apart SBT who is up nearly 5%. Maybe something is imminent for us here!

Lets hope so :)

There is something funny going on with SBT, seen some large trades going through which are paid higher than the buy price shown on the buy/sell on screen. What does that mean? Does it mean its on the verge to go alot higher beyond 200p very shortly?